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I've been wanting to get into REI for awhile now and I've spent the last 4 or 5 months going down the rabbit hole.... Researching and taking notes, reading through the forums, reading books, listening to podcasts, stu...
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I just finished watching The Big Short, a movie about the real estate bubble. I enjoyed the information in the movie but I was very let down by the fact that they never acknowledged the fact that subprime mortgages w...
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1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
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I house hacked by the room for 4 years. As a landlord I’ve had some situations I never thought I would experience.I would like to know the crazy stories of others. I definitely have improved a lot my screening process...
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Yet more TSA harassment. This time the harass a woman who requested her breast milk to be screened through the alternative screening methods that the TSA itself advertises. Well they aren't gonna stand for that kind o...
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Hello financially intelligent peopleHow do you not let your expenses grow with your income? This question has been on my mind lately due to significant changes in my financial situation (for the better, luckily).Let m...
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Hello everyone,
I am new to this forum and I have been watching it for a few months now waiting for the right time to post. I will try to keep this short and I appreciate any and all info given. I have been looking t...
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First of all, I consider myself very smart. I run a very successful company, have always excelled in everything I do (including school), and have even been pretty successful with RE investing & flipping so far (w...
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This is an interesting story for home owners in Florida. I just went through 2 weeks of hell but I finally won.I met a young couple who were unemployed and had no where to live. I allowed them stay in my house providi...
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Okay, so this one is a little out there even for me!What on earth could I possibly be talking about? $3,900 for a real house, not a Barbie doll house right? Where am I -- Detroit??? (See what I did there Josh, you ...